News and Information from Bond Buyer

Wyden said his clean energy bill would replace a hodgepodge of 40 temporary tax credits.

The PFC is capped at $4.50 and that hasn’t been raised since 2000.

Only three spots in the top 10 remained the same from a year ago, as issuance grew and firm positions changed in 2021.

Bond insurers grew their business in Q1 2021 to $8.497 billion from $4.826 billion in Q1 2020 as more investors demand and issuers purchase insurance for their deals in the COVID-19 era.

The lineup of exclusively short-duration fixed-income products, taxable and municipal, still managed an overall gain.

High-grade scales were little changed as ICI reports the sixth week in a row of inflows to the tune of $2.29 billion into municipal bond mutual funds.

The Illinois-based health system, with a balance sheet helped by its insurance arm, will sell $600 million of AA-minus rated debt over the next month.

The school's debt load will reach $1 billion and Moody's says it's "uncertain" the college can "sustainably return to stonger operating performance."

In the Southeast, almost $71 billion of American Relief Plan funds will be dispersed to state and local governments.

UTIER uses a broad range of arguments against LUMA Energy taking over Puerto Rico's energy transmission and distribution system.

Maulin Vidwans, Jennifer Santangelo, Ryan Udell and Adam Chelminiak move over from White and Williams.

Municipal triple-A benchmarks held steady as the focus was on the primary in which large new issues repriced to lower yields while secondary trading was light.

The $1.9 trillion American Rescue Plan includes $350 billion in direct state and local aid.

A group of GOP senators is working to put together a more traditional infrastructure bill that would range from $600 to $800 billion dollars.

New Mexico joins neighboring states Arizona and Colorado in legalizing marijuana sales with an eye toward higher state revenue.

The transit authority has a $2.9 billion hole in its $54.8 billion five-year plan, according to New York State's comptroller.

New evidence in PHC's defamation case against Nuveen has surfaced that involves Citi while a separate judge is considering whether to allow an antitrust charge to proceed

The Metropolitan Pier and Exposition Authority lost McCormick Place Convention Center events and tourism-driven taxes to the pandemic. It also plans another debt restructuring.

Natalia Quintero of the Partnership for New York City discusses the Transit Tech Lab accelerator program, which involves the MTA and other regional transportation agencies. Paul Burton hosts. (14 minutes)

Moody's says that the pension system will likely run out of money in fiscal year 2024.